Crypto Boom or Bust

Here is an interesting observation!

CRYPTO CURRENCIES – THE PATH TO FREEDOM
By Svedli Decatova

It has often been said: “The poor man plans from day to day, the average man plans from week to week, and the wealthy man plans from generation to generation.”
Unknown Author

We in the Crypto Currency space have experienced much of the same thinking, I would imagine. This is especially true considering the past six months or so where we have seen dramatic drops in the values of our coins and tokens.

Since its inception in 2008 and particularly beginning around 2011 to 2013, we have seen naysayers predicting the demise, the bursting of the bubble, the regulation-ending oversight, etc., etc. Banks and financial institutions led the way in demonizing this new technology yet, through it all, we are still here.

It is interesting to note that these same institutions are now operating under the radar as they clandestinely plan to expand their “crypto” exposure via hedge funds, investment portfolios, and generally embrace the underlying technology to enhance their bottom line.

A general analysis of the media coverage does not reveal this subtle manipulation of the crypto market. This has been a useful tool used by big finance to drive prices down through fear mongering, misinformation, and outright falsehoods in order to get bargain-basement prices just before the boom.

An in-depth review of the technology indicates that it is not only here to stay but will blossom in a monumental way over the coming years if not months. The trick is to time your entry to coincide with the turnaround. In my opinion, we are almost at that point.

Take a look at some of the major players and look at the projects on which they’re working. You will see attempts to solve a number of the major issues hindering wide-spread acceptance. Among these are scaling, transactions costs, merchant acceptance, etc., on the merchant side, to decentralization, security, anonymity, and privacy on the consumer side. Many have already been addressed and are beginning to see integration into our daily lives, while others have yet enter the mainstream.

We must all remember that Crypto and the technology behind it is a disruptive one, and the entire industry is still in the embryonic stage of development. People are reluctant to accept change and often react with negative feedback and animosity until everyone else jumps in and they think they’ll miss the boat. That’s when it becomes an every-day necessity, at least to themselves.

In summary, keep your eye on the institutional investors, the banks, and the large corporations. When you see them jockeying for position, it may be time to pack your bags and get ready to join them on the journey … TO THE MOON!

Until next time, regards.

Svedli